December 17, 2016 7:35 AM

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Additional incentive for startups in NE states: DoNER Minister

Union Minister of State for Development of North Eastern Region (DoNER) Jitendra Singh has announced additional incentive for startups in North Eastern states. Speaking at a programme organised by the Northeast MPs' Forum in New Delhi yesterday, the Minister said the Ministry of DoNER has decided to provide an additional incentive of venture capital fund for any youngster from any part of India who wishes to set up a 'Start-Up' entrepreneurship in Northeast.<br/><br/> He said this would encourage avenues of employability and livelihood not only for youth from the NE region, but also from all over the country.<br/><br/>Terming "Startup India, Standup India" programme as "most unique programme" in the world, he said it offers unprecedented incentives like three years of tax holiday and three months of exit period.

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